Italy’s FER2 Auction Approves Two Zero‑Emissions Geothermal Projects — What It Means for the Market Overview: FER2’s first geothermal auction and the winners Italy’s FER2 incentive mechanism — established by the Ministry of the Environment and Energy Security (MASE) to stimulate renewable investment through long‑term Contracts for Difference (CfDs) — has completed its first geothermal tender, awarding favourable rankings to two zero‑emissions projects with a combined capacity of 29.4 MW. The auction aimed to allocate a dedicated 30 MW quota for geothermal plants that operate with no net emissions, and it selected: - Pola 1: a 24.4 MW project in Jolanda di Savoia, Ferrara. - ITW & LKW Geotermia Italia: a 5 MW plant in Castel Giorgio, Terni. Two other bids — a 12.69 MW project in Castelnuovo di Val di Cecina by Magma Energy Italia and a 5 MW proposal in Monterotondo Marittimo from Enel Green Power Italia — were excluded from the final rankings. The FER2 framework sets explicit timeli...
KS Orka Renewables Strengthens Indonesia's Geothermal Future with Strategic Partnership with Halliburton In the rapidly evolving landscape of renewable energy, Indonesia stands out as a global leader in geothermal potential, boasting the world's largest reserves yet utilizing only a fraction of its capacity. On January 20, 2026, a significant milestone was announced that promises to accelerate the nation's clean energy ambitions: KS Orka Renewables Pte. Ltd. entered into a strategic partnership with Halliburton, a global leader in energy services and advanced drilling technologies. This collaboration focuses on supporting geothermal drilling operations at two key projects: PT Sorik Marapi Geothermal Power (SMGP) in North Sumatra and PT Sokoria Geothermal Indonesia (SGI) in East Nusa Tenggara. The signing ceremony, held in Jakarta, highlighted a shared commitment to operational excellence, cost efficiency, and sustainability. Background on KS Orka Renewables and Its Geothe...